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Cable Update (GBPUSD)

  • #351,701
  • Nov 4, 2013 7:03am Nov 4, 2013 7:03am
nice trade pip
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #351,702
  • Nov 4, 2013 7:11am Nov 4, 2013 7:11am
Quoting geomink
{quote} so, if you both are thinking price are going up to this area, you would enter long, right?
Yeah I'm long 1.5950 targeting 1.60-1.6025 and look for shorts there.
  • #351,703
  • Nov 4, 2013 7:12am Nov 4, 2013 7:12am
Quoting PipTrapper
{quote} Closed half of position at 1.5968 for +40 pips Holding remainder with SL @ BE GBPUSDCALL
Great
  • #351,704
  • Nov 4, 2013 7:13am Nov 4, 2013 7:13am
Anybody looking to enter gold should try 1318 buy limit.
  • #351,705
  • Nov 4, 2013 7:29am Nov 4, 2013 7:29am
Quoting Bones
nice trade pip
Quoting okanemici
{quote} Great
Thanks mates. I was hoping to squeeze more out of it before taking partial profits, but being a Monday, I figured I would take what the market gave me and be happy with it.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,706
  • Nov 4, 2013 7:29am Nov 4, 2013 7:29am
Quoting aBitWonKy
{quote} Not everything, but it's sweet you ran to defend him. Not that i was on the attack. I'll give you a clue but there's no substitute for screen time. Thousands of hours. Most instruments have an average daily range. Sure there are plenty of times that's blown to shit, but generally this is true. Plotting future (likely) movements of price in relation to a previous days movements is not unreasonable (price does have memory as Davit stated). Awareness of the bigger picture with methods Davit showed us (very eloquently) enable us to be aware...
It is good if your little secret is working for you.But seems like it is not for me .I dont have time to wait a daily pivot to line up with a fibo or trendline or etc.I have a more solid strategy that works every day.Thousands of screen time as you said ! Have a pipfull week pal.
  • #351,707
  • Nov 4, 2013 7:59am Nov 4, 2013 7:59am
Quoting PipTrapper
{quote} {quote} Thanks mates. I was hoping to squeeze more out of it before taking partial profits, but being a Monday, I figured I would take what the market gave me and be happy with it.
Yes it is the route to success.By the way I have a free gold ticket from 1318 to 1332 , what do you say ?
  • #351,708
  • Nov 4, 2013 8:01am Nov 4, 2013 8:01am
Quoting ravenbg
As usual there are more commentators than players. We have commentators - those who give advices of what could, is going to, is not going to happen and players - those who are opening positions and doing trades for real.
something like that?
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Don't give up
  • #351,709
  • Nov 4, 2013 8:04am Nov 4, 2013 8:04am
Quoting okanemici
{quote} Yes it is the route to success.By the way I have a free gold ticket from 1318 to 1332 , what do you say ?
I don't think we'll see 1332... More like 1325/8 zone (Supply zone)
Even so, to me that would be a scalp and with a 5 pip spread, it's not worth my while.
However, seems like a great setup for someone with tighter spreads, or someone who takes many trades per day. That's just not me.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,710
  • Nov 4, 2013 8:07am Nov 4, 2013 8:07am
Quoting ravenbg
As usual there are more commentators than players. We have commentators - those who give advices of what could, is going to, is not going to happen and players - those who are opening positions and doing trades for real.
Just because someone posts their analysis does not mean that they are not actually trading their calls.
Also, just because someone is saying they went long/short, doesn't mean they actually did.

Perhaps the best thing to do is trade your charts, read what others say/do and use it as you see fit.
If you don't appreciate somebody's analysis, then I guess there is always the Iggy list

Cheers and many pips.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,711
  • Nov 4, 2013 8:08am Nov 4, 2013 8:08am
question is who is who

Quoting ravenbg
As usual there are more commentators than players. We have commentators - those who give advices of what could, is going to, is not going to happen and players - those who are opening positions and doing trades for real.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #351,712
  • Nov 4, 2013 8:12am Nov 4, 2013 8:12am
Quoting PipTrapper
{quote} I don't think we'll see 1332... More like 1325/8 zone (Supply zone) Even so, to me that would be a scalp and with a 5 pip spread, it's not worth my while. However, seems like a great setup for someone with tighter spreads, or someone who takes many trades per day. That's just not me.
Yes there is roadbump at 1325 but I 'll be disappointed if it doesnt see 1332 Then short again then a big up later in the week .
  • #351,713
  • Nov 4, 2013 8:19am Nov 4, 2013 8:19am
Quoting ravenbg
As usual there are more commentators than players. We have commentators - those who give advices of what could, is going to, is not going to happen and players - those who are opening positions and doing trades for real.
Quoting okanemici
My first order for the week seems to be buy limit audjpy 93.15 . Will make sure after I see some more price action.
Does this count ?
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  • #351,714
  • Nov 4, 2013 8:25am Nov 4, 2013 8:25am
Quoting okanemici
{quote} Yes there is roadbump at 1325 but I 'll be disappointed if it doesnt see 1332 Then short again then a big up later in the week .

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #351,715
  • Nov 4, 2013 8:29am Nov 4, 2013 8:29am
Quoting PipTrapper
{quote} {image}
  • #351,716
  • Nov 4, 2013 8:29am Nov 4, 2013 8:29am
Quoting okanemici
{quote} It is good if your little secret is working for you.But seems like it is not for me .I dont have time to wait a daily pivot to line up with a fibo or trendline or etc.I have a more solid strategy that works every day.Thousands of screen time as you said ! Have a pipfull week pal.
Jesus, you asked me to elaborate, so i did.
  • #351,717
  • Nov 4, 2013 8:37am Nov 4, 2013 8:37am
Quoting aBitWonKy
{quote} Jesus, you asked me to elaborate, so i did.
But you didn't tell anything, that is the point.I cant figure out what "something" means in your trading arsenal.Right ?
  • #351,718
  • Nov 4, 2013 8:43am Nov 4, 2013 8:43am
Good day to you,

On GU, large qty of retails short stops @ 1.6059 and 1.6198, with bulk of long stops @ 1.5758 and 1.5600. I am not in any GU positions at present - took a small long early today to book a few.

Short target remains 1.5562 over time and will look to enter when the time is right.

We may go higher first..

Regards
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  • #351,719
  • Nov 4, 2013 8:55am Nov 4, 2013 8:55am
Quoting TauTrader
Good day to you, On GU, large qty of retails short stops @ 1.6059 and 1.6198, with bulk of long stops @ 1.5758 and 1.5600. I am not in any GU positions at present - took a small long early today to book a few. Short target remains 1.5562 over time and will look to enter when the time is right. We may go higher first.. Regards {image}
Agreed
No need to be greedy. Just wait till the time is right.
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Those who say it cannot be done should not interrupt those who are doing it
  • #351,720
  • Nov 4, 2013 9:34am Nov 4, 2013 9:34am
Hi guys just introducing myself. Its great to get a bit of knowledge from more experience traders to add to my analysis and am keeping a keen eye on this thread.

EF
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